38 Stoddard PlaceBrooklynNY11225
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Rental property for sale in Brooklyn at 38 Stoddard Place, Brooklyn, NY, 11225 offers $3,840/mo rent that, after a $8,321/mo payment. Total monthly income is $3,840/mo. Return on cash invested measures 4% in year one, and rental yield stands at 2.71% at a $1,700,000 entry. Equity gained on principal adds $10,970/yr while 5% annual appreciation compounds into $469,679 by year five. Five-year ROI records 18.1% and total cumulative return in cash reaches $99,703. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,840/mo property income versus a $8,321/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Multi Family
Built in 1925
2,400 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11225, Brooklyn, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 26,109 (100%) |
| Owner Occupied HU | 3,500 (13.4%) |
| Renter Occupied HU | 21,136 (81.0%) |
| Vacant Housing Units | 1,473 ( 5.6%) |
| Median Home Value | $1,350,614 |
| Average Home Value | $1,339,060 |
Housing Distribution
Address Breakdown
Residential
23,560
Single Family
3,575
Multi-Family
19,985
Businesses
1,117
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